Elite eFibo Trader by eesfx.com:
Fibonoacci trading Expert Advisor for MetaTrader 4.
This indicator allows you to enjoy the two most popular products for analyzing request volumes and market deals at a favorable price:
Actual Depth of Market Chart Actual Tick Footprint Volume ChartThis product combines the power of both indicators and is provided as a single file.
The functionality of Actual COMBO Depth of Market AND Tick Volume Chart is fully identical to the original indicators. You will enjoy the power of these two products combined into the single super-indicator!
Professional Constrictor Expert Advisor follows the market using the Parabolic Stop and Reverse system indicator. At each Parabolic SAR indicator signal, a position is opened in the direction approaching the indicator. In case of an opposite signal, a new position closing the previous one is opened (in other words, positions are opened and closed partially). Thus, the EA constantly follows the price.
The EA has been designed for working in the flat market. It features a critical drawdown, at wh
The Expert Advisor is an assistant for the traders who use Bollinger Bands in their trading. With some additions, it includes three trading methods described in the book "BOLLINGER ON BOLLINGER BANDS" by John Bollinger.
EA inputs for three strategies:
Timeframe EA (graphics),Volume lots to trade,Stop Loss,Take Profit,Close the position at a profit, point. 0 =do not use,Set the breakeven point in points from the entry. 0 =do not use,Increase the amount of position at new signals
The script is intended for automatic placing of Sell Stop pending orders, Stop Losses and Take Profits on the user specified levels. This script is not that useful as "Virtual pending buy stop", since short positions are opened as Bid price crosses the levels. Thus spread widening is not dangerous. Nevertheless, you need to have this script to prevent unwanted hitting of the Stop Loss levels.
Automation of the process of placing the Sell Stop pending orders, Stop Losses and T
The most profitable trend traders are the ones who know how to recognize not only the market trend, but also the trading opportunities that arise once a trend has been established. The Pz Trend Trading indicator has been designed to profit has much as possible from trends taking place in the maket.
Established trends offer dozens of trading opportunities, but most trend trading indicators neglect them completely, and leave the trader completely uninformed about what the market is doing during a
The script allows users to easily close positions if their profit/loss reaches or exceeds a value specified in pips.
Please set slippage value first. Sometimes some positions do not close due to high volatility of the market. Please set larger slippage or restart the script.
This indicator draws the Keltner Channel using the rates chart calculated from any other timeframe.
The available Moving Averages are:
Simple Moving Average Exponential Moving Average Smoothed Moving Average Linear Weighted Moving Average Tillson's Moving AverageMoving Average line is coded into RED or BLUE according to its direction from the previous candle.
Example: User can display the Keltner Channel calculated on the basis of a Daily (D1) chart on a H4 chart.
NOTE: Timeframe must
A script for opening a grid of orders
If you need to quickly open several pending orders (Buy Limit, Sell Limit, Buy Stop, Sell Stop) on a certain distance from the current price, this script will do all the routine for you! Allow AutoTrading before running the script.
Run the script on a chart.
Language of messages displayed (EN, RU, DE, FR, ES) - language of the output messages (English, Russian, German, French, Spanish). Price for open - open price. If set to
The script is intended for automatic placing of Buy Stop pending orders, Stop Losses and Take Profits on the user specified levels.
Avoiding unwanted entering a long position in case of false hitting the level as a result of widening of the spread by a dealing center. Avoiding unwanted triggering of a Stop Loss in case a quote pierces a significant level (fractal) without further confirmation with the close price. Setting a necessary virtual order and entering the market in
This indicator searches for candlestick patterns. Its operation principle is based on Candlestick Charting Explained: Timeless Techniques for Trading Stocks and Futures by Gregory L. Morris.
If a pattern is detected, the indicator displays a message at a bar closure.
This indicator is a complete analog of the Candle Pattern Finder indicator for MetaTrader 4
It recognizes the following patterns: Bullish/Bearish (possible settings in brackets):
Hammer / Shooting Star (with or without confi
Scalper with Automatic Parameter Setting
Would you like to have an Expert Advisor that could automatically calculate trade parameters and adjust to the current market situation?
We present you our new development for the Forex market. This is a tick scalper for МТ4 and МТ5 - TickSniper.
Trading with it is fully automated. Forget continuous monitoring - this Expert Advisor trades independently. Its settings have been optimized over the course of testing on our real accounts.
The indicator is intended for determining the spread and swap size, the distance for setting stop orders and stop losses from the current price allowed and the risk per 1 point in the deposit currency.
The indicator informs a trader about possible additional expenses and profits connected with transferring a position to the next trade session of the financial instrument. It also informs about the spread size and the distance of pending orders, stop loss and trailing from the current price. In a
We present you an effective software solution for arbitrage between brokers.
The Arbitrage on the market became widespread due to decentralization. There are many liquidity providers, whose quotes differ for various reasons. By tracking the dynamics of changes in the quotes of different brokers, it is possible to determine the delayed and leading brokers, thereby predicting the future prices of the delayed broker for a short time. Knowing these prices and using efficient built-in software filte
This is a convenient tool for measuring the number of points between prices. It support magnetizing to OHLC prices. Calculates profit considering specified lot size and spread (optionally). It counts the number of bars between specified point and the time difference between them. Calculates the slope angle from the horizontal position. Unneeded parameters can be hidden. It does not occupy much space when inactive.
Once you add the indicator on the chart, Ruler caption will appear (according to
The indicator consists of the two parts – entry system displayed on the chart and currency power analyzer.
The analyzer can take on values from 0 to 3:
the higher the value, the stronger the currency; the smaller the value, the weaker the currency; average values of the indicator suggest that the currency is in flat.Recommendations on usage:
Buy if Trader Dream shows Buy signal and the analyzer shows the currency's strength (the value exceeds 2). Sell if Trader Dream shows Se
This is an open interest indicator for MetaTrader 5. It fixes open interest value once per minute and writes it to the file (on your PC). The product works on any timeframe but only with exchange instruments.
Here is the product, which truly reveals all the computing and graphical capabilities of the MetaTrader terminal.
The TrendNavigator indicator helps you take the most effective trading decisions, features stunning accuracy, unlimited graphical capabilities and highly developed notification service.
3D graphics 4 unique trend determining algorithms 5 types of notifications of trend change which appear as Buy and Sell signals Very high accuracy Shows local lows and highs Free notification
Trade in the opposite directions with HedgeTerminalApi library!
HedgeTerminalApi is a program interface allowing you to use HedgeTerminal virtualization technologies in your robots and scripts. With HedgeTerminalApi, you are able to trade in the opposite directions when two or more trading algorithms occupy opposite positions on a single symbol. The library allows robots to track their positions even if these positions overlap entirely or partially. Moreover, with this library, you are able to
Robust median renko style indicator for creating custom charts resembling median renko, mean renko, turbo renko and better renko candles as well as vanilla renko with wicks plus PointO charts. This all in one package provides all of the signals needed by day traders, scalpers and even long term traders.
Indicator is an overlay on the main chart so it is possible to utilize one click trading and order manipulation directly on the custom charts. Visual order placement is also
Is position management time consuming? The Trade Manager Pro EA performs an automatic and flawless position management for you, avoiding human errors and enhancing your trading activity. It represents a ten-fold increase in trading productivity!
Capital preservation is top priorityLet profits run without your attentionEnjoy risk-free trades as soon as possibleIt trails the stop-loss automatically
Initial SL and TP are also automatic
The EA performs the following tasks
Safe Automatic is a safe MetaТrader 5 trading robot working autonomously on a VPS server. The good results are achieved on EURUSD.
The EA applies modified versions of a trend-following strategy, half-pyramiding, scalping, Elliott Wave method and speculating trading with a deposit protection. The EA switches the strategies automatically. The program also takes the news calendar into account: the robot does not enter the market in a 10-minute interval before and after a news rel
Exp COPYLOT CLIENT for MT5 is a copier for the МetaТrader 5 platform. It copies forex trades from any accounts. Including those from terminals МТ5 and МТ4.
Install the Expert Advisor in the terminal where you want to copy trades. Specify any text label name as pathRead, for example, "COPY". This should match the master terminal (to bind the two terminals). To copy trades, you need to install the free Master copier in the terminal from where you want to copy the trades: COPYLOT
Pipfinite creates unique, high quality and affordable trading tools.
Our tools may or may not work for you, so we strongly suggest to try the Demo Version for MT4 first. Please test the indicator prior to purchasing to determine if it works for you.
We want your good reviews, so hurry up and test it for free...we hope you will find it useful.
Energy Beam with Swing Control
Strategy: Confirm swing pullback signals Watch Video: (Click Here)Energy Beam with Trend Laser
The PZ Day Trading indicator detects reversals in a zig-zag fashion, without repainting or backpainting. Based on breakouts of variable lengths, the indicator uses only price action to pick trades and reacts to the market very fast. The positional accuracy of its signals offers huge opportunity for profits, easily up to 80% winners.
Amazingly easy to tradeChart statistics will help you to optimize your tradingIt works on every single timeframe without fine tuningThe indicator analyzes its own q
The indicator displays harmonic patterns on the chart based on Dynamic ZigZag (https://www.mql5.com/en/market/product/5357) and is almost a complete analog of one of the versions of well-known korHarmonics. The indicator recognizes the following patterns and their varieties: ABCD, Gartley (Butterfly, Crab, Bat), 3Drives, 5-0, Batman, SHS, One2One, Camel, Triangles, WXY, Fibo and Vibrations. Only display of ABCD and Gartley patterns is enabled in the settings by default. The reverse line allows d
This is a classical trading strategy, which falls into the category of breakout systems. They form support and resistance levels, which temporarily limit further price movement. When the price breaks down the support level or breaks up the resistance level, there emerges a strong momentum in the breakout direction, which allows to make profit on strong price movements with moderate risk.
To create the strategy, we used historical data with the quality of history of 99.9%.
It uses filtration o
The indicator is based on the digital window-sinc filter with an excellent frequency division. Due to this property you can get a very smooth indicator line.
The indicator has three lines: the central line indicates the main trend direction and the "fair" price, the other two lines show the price range. When the central line is read, it is recommended to buy from the bottom line and close a position above the central line. When the line is blue, do the opposite - sell from the upper line and cl
The script creates account summary report in a separate window.
The report can be created for all deals and on deals for selected financial instruments.
It is possible to specify a time interval of calculation and save report to htm-file.
The script creates account summary report in a separate window.
The report can be created for all deals and for deals of the selected financial instruments.
It is possible to specify a time interval of calculation and save report to htm-file.
The EASIEST way to manage your risk for each trade!
Add the indicator to your chart, configure a risk percentage (of account equity) Enter the number of pips for your stop loss into the text entry field that appears on the chart The position size to take will automatically be updatedThe product features two modes - a compact mode which allows entry of stop loss pips and shows the resulting lot size based on the percent risk setting, as well as an expanded mode that also shows
The Expert Advisor implements the classic "triangular arbitrage", which is successfully used by hedge funds.
"Triangular" arbitrage refers to a class of neutral-market strategies, in which the profit or loss of open positions does not depend on the direction of the market movement as a whole.
In order to take profit, the EA exploits a weak spot of market makers - it utilizes the difficulty of balancing cross rates of all currency pairs.
The advantages of the strategy are the following:
It is good to see a fibo EA, shame it isn't fully automated though and relies on discretion - that is how strategies fail. Only mechanical trading works long term - if a trader can follow rules that is. I know how fibonacci can be complex and various ways to trade fibo. I find myself being a successful trader when using fibs though. A fully automated system would take away risk of getting in too late or out too late.
Simply buying the EUR/USD without using eFibo trader, you could gain
200+ pips from this move. With eFibo trader, you could gain as much as
2000+ pips, with only risking the spread. How is this possible? Simple
Does this mean that s simple EA can be used fully automated in the future? I agree with what is said about the advantages of trading mathematical method. It is best not using discretion with math, just mechanical system that rarely if ever fails when not flawed.
So if I understand this correctly there is no indicator and the EA is money management for trend trading. Could come in useful. Will have to find out if it can be used in a strategy of my own.
Thanks for this. Will test it.
That is 100% incorrect - there is no known fully automated strategy that has proven to be consistently profitable in the long run. Whoever creates such will get billions of dollars, if you know of one that has a multi-year track record and real-time adaptive intelligence please post it for us to examine. In fact, the only systems that are consistent in the past few years have been semi-auto systems with manual intervention, even if it means constant optimizing and tweaking.
This EA is fully 100% automated. Set properly, you can leave it and don't touch it - but it needs to be on the right side of the market, i.e. if the pair isn't in your favor it may be positive but basically it will be flat. That is how the EA is designed, it's not a flaw - it is designed to capitalize on short term trends. For example the recent dollar slide was about 20% using no leverage (since Oct. / Nov. 2007), using eFibo you could make that in 1 trading session. It multiplies profits.
To answer your question, yes you could use this as a module combined with a trend indicator. This is not a signal EA it is a simple money management lot sizing module. Please post or email any changes made to our EA please www.eesfx.com email@example.com Cheers
This is a fantastic piece of kit if you know what the trend is.... So far I have used it three times and everytime closed in profit!!
However I have noticed that when a stoploss is hit it only takes out that trade and leaves the previous profitable trades running!!
The rest of the stop sell or stop buy orders are left in the market?? This is contrary to what it says on the label, see below...
QUOTE "StopLoss: Per trade stop loss. It is not only per trade stop, if stopped it will exit ALL existing positions."
Apart from that its brilliant!!! It just means that you have to keep an eye on it!!
I would be interested to find out if the developer was aware of this glitch or is it just me?? I haven't altered any settings.... Please advise Joe??
Thanks for that, and glad it is working for you. We use it for our own trading. The reason being, this type of execution done manually is tedious and in a fast moving market is almost impossible.
There is a setting "Trade again after open profit" which should turn it off after profit target is hit. Regarding stops, it shouldn't work like that, it could be a bug or it could be some settings. If you like, we will fix it providing you provide specific information: the MT journal when it happens, screenshot, and specific example of when this problem occurs.
Cancel my last post about not doing what it says on the label... It was my fault!!!
Once the eFibo had entered a trade I switched the EA off because I didn't want it entering the market again without my consent.
Consequently it couldn't cancel all the remaining trades when I got stopped out. (For a profit may I add!)
So sorry to be a bit negative in the first post, I have since used it again today and left it switched on throughout the trade of EUR/USD and it worked like a charm!!
VERY good to hear you are trading positive! Let us know if we can improve the EA in any way, we appreciate your feedback. Of course, we appreciate rebates more, but we find that profitable clients are always loyal and also that you cannot sell a system that makes money consistently (because firstly no one will believe you, secondly those who buy usually have the impression that you will just click a button and start profiting). We use this EA for our own trading and hope others can use it as well - trading without an EA like this just doesn't allow for a single trade profit to multiply. With EUR/USD exploding, or other trends, it is sometimes necessary to capitalize on those trends while they exist.
We have the version 3 with RSI filter...
I see this ea as wonderful ea and going by the positive post I have been reading this must be an excellent ea. However, I am having problem running the ea. I have loaded it at the exper advisor folder but there has not been a single opening even when the pip has rising to 50+ pips. I did not change anything. I am running it at default. I loaded the ea before starting the trade. I even loaded the ea after starting a trade, either way there was no additional opening when the trade is doing well.
Could you please explain what I could have been doing wrong.
Could someone please advise me, will the EA enter the first position automatically or do I need to open a position and subsequent trades are generated by the EA?
Thank you for what sounds like a great EA.